Coral Notify Dash is a dashboard used to create and manage notifications on your charts.
Why is this necessary, when MT4 provides the ability to set alerts and notifications on the charts too? First of all, the "alerts" that MT4 creates do not trigger the popup alert dialog, they create a sound, and I never hear these sounds. I want the option to receive a popup notification, just like all standard alerts and notifications across all my other tools. But secondly, I don't simply use Notify Dash for the alerts, it is an important part of my chart review process.
When Notify Dash is running on a chart there are two lines available, for the high and low prices where this symbol will be notified.
If the current symbol is not in the list of symbols with notifications, click the little pencil icon in the header row to add a row for this symbol.
To set a notification price, you can click the reticule (⦻) next to the high/low cell in the row, then click on the chart to set that price. You can also click in the high/low cell and type in a value directly, depending on what distance unit is being displayed. For instance, if you're displaying distances in ADR, then type in the ADR distance to the notification you want.
Once the line is set, you can drag it on the chart to change where the notification occurs.
When price is within the "proximity distance" of the notification price then the background color of the price/distance will change to give you a visual indication of which notifications are close to getting triggered.
When a notification price has been reached you will get an alert or push notification (depending on your options); the text on the line with change to "Alerted"; and the color of the price/distance in the table will be greyed out.
To clear a price type "0.0" in the table cell; or click the ⊠ symbol to the right of the row to remove it from the list.
Notify Dash also works with Coral Key Levels. You can configure Key Levels to enable the display of the Notify lines. You would normally have Notify Dash running on one chart, where you review all of the pairs you're trading and set notifications. And then when you're looking at individual charts they would have Key Levels on them. If you're reviewing a chart with Key Levels that also has a Notify line set, then the line is displayed on this chart as well. These lines are not interactive like they are with the chart with Notify Dash running on it; you can't drag them here, and they do not automatically update if you change the price in Notify Dash; but they will be updated if the chart refreshes, such as if you change the chart symbol.
You can also configure Notify Dash to display your current bias flag for symbols, as in the images above. These bias flags cannot be modified in Notify Dash like they can in most other Coral Tools that support bias. The reason is that we are looking only at a subset of symbols here, not the full list. If you want to modify bias then use any of the other tools that support bias. There is a free tool available, Coral Dash, which can be used for this as well. Check for it in the MQL5 Market.
My typical use case with Notify Dash is to combine it another tool like the AR Dashboard or Coral Dash. I then can use the keyboard shortcuts from that tool to start at the top of the list of symbols and quickly step down the list of symbols and do a review of the chart. I then add notification lines, consistent with my bias, to make sure I am aware when price reaches some interesting area of the chart. These areas of interest can be based on support/resistance, market structure or anything I see that I want to pay attention to later. As I move through the list the high/low lines are updated on the chart to show me where I was interested in this symbol, as a quick visual reminder of the analysis I've already done. And when I open the chart with Key Levels on it, I also see the lines displayed, so I am always aware of my areas of interest across all my charts. And of course when I get the notification I can quickly go to the chart and take some needed action. This is incredibly convenient in terms of my workflow for analyzing charts and never missing areas of interest as price moves throughout the day.
Options
Distance Display Mode - Price, Pips or ADR. Controls the display of the value in the UI, on the lines on the chart, and how you enter in price or distance when setting lines.
ADR Period - The period to use for ADR when displaying distances in ADR.
Proximity Distance - When price is closer to the notification price than this distance (in whatever display mode is selected) then the cell background is highlighted in the table.
Display BIAS Column - When true the bias flags for each symbol are displayed.
NOTIFY Line color/style/width - Oooh, pretty colors.
Alerts - Standard MT4 alert settings. Notify will trigger an alert/notification when price crosses the notification price.
The options below this point are the standard Coral Tools display options. The Coral Skins can be used with Coral Notify Dash as well; more information is available here.
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